Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Curve founder proposes recovering DeFi bad debts through a market-based approach
Golden Finance reports that on April 27, Curve founder Michael Egorov proposed recovering bad debt in lending protocols by converting impaired positions into tradable investment products.
The plan uses Curve’s own CRV-long LlamaLend market as a pilot, which incurred approximately $700k in bad debt in October 2025.
Michael Egorov has established a Curve Stableswap pool with about 71% solvency, allowing trading of impaired vault tokens.
Traders can buy at a discount, liquidity providers can earn fees, and the DAO can accumulate impaired tokens through management fees.
Currently, community feedback on this plan is mixed, with some users questioning whether impaired positions lacking immediate returns can attract buyers.